California Water Service Group (CWT) Earnings Date, Estimates & Call Transcripts

$46.59
+1.14 (+2.51%)
(As of 12:51 PM ET)

Earnings Summary

Upcoming
Earnings Date
Apr. 25
Before Market Opens
Confirmed
Actual EPS
(Feb. 29)
$0.52 Missed By -$0.98
Consensus EPS
(Feb. 29)
$1.50
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CWT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CWT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

California Water Service Group Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241$0.20$0.20$0.20
Q2 20241$0.44$0.44$0.44
Q3 20241$1.04$1.04$1.04
Q4 20241$0.57$0.57$0.57
FY 20244$2.25$2.25$2.25
Q1 20251$0.18$0.18$0.18
Q2 20251$0.50$0.50$0.50
Q3 20251$1.04$1.04$1.04
Q4 20251$0.66$0.66$0.66
FY 20254$2.38$2.38$2.38

CWT Earnings Date and Information

California Water Service Group last posted its quarterly earnings data on February 29th, 2024. The utilities provider reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.50 by $0.98. The business earned $214.50 million during the quarter, compared to analysts' expectations of $269.41 million. Its quarterly revenue was up 6.8% on a year-over-year basis. California Water Service Group has generated $0.89 earnings per share over the last year ($0.89 diluted earnings per share) and currently has a price-to-earnings ratio of 52.3. Earnings for California Water Service Group are expected to grow by 5.78% in the coming year, from $2.25 to $2.38 per share. California Water Service Group has confirmed that its next quarterly earnings report will be published on Thursday, April 25th, 2024. California Water Service Group will be holding an earnings conference call on Thursday, April 25th at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 609-800-9909 with passcode "8751121".

California Water Service Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
4/25/2024
Confirmed)
-------  
2/29/2024Q4 2023$1.50$0.52($0.98)$0.52$269.41 million$214.50 million    
10/26/2023Q3 2023$0.54$0.60+$0.06$0.60$235.23 million$254.98 million
7/27/2023Q2 2023$0.91$0.17($0.74)$0.17$232.50 million$194.04 million
4/27/2023Q1 2023$0.08($0.40)($0.48)($0.40)$179.94 million$131.10 million
3/2/2023Q4 2022$0.22$0.35+$0.13$0.35$180.14 million$200.94 million    
10/27/2022Q3 2022$1.16$1.03($0.13)$1.03$255.00 million$266.31 million
7/28/2022Q2 2022$0.60$0.36($0.24)$0.36$223.00 million$206.19 million      
4/28/2022Q1 2022$0.05$0.02($0.03)$0.02$154.00 million$172.99 million    
2/24/2022Q4 2021$0.20$0.07($0.13)$0.07$197.00 million$173.33 million    
10/28/2021Q3 2021$0.79$1.20+$0.41$1.20$252.00 million$256.72 million    
7/29/2021Q2 2021$0.37$0.75+$0.38$0.75$187.00 million$213.12 million    
4/29/2021Q1 2021($0.03)($0.06)($0.03)($0.06)$131.00 million$147.74 million    

California Water Service Group Earnings - Frequently Asked Questions

When is California Water Service Group's earnings date?

California Water Service Group has confirmed that its next quarterly earnings data will be published on Thursday, April 25th, 2024. Learn more on CWT's earnings history.

Did California Water Service Group beat their earnings estimates last quarter?

In the previous quarter, California Water Service Group (NYSE:CWT) missed the analysts' consensus estimate of $1.50 by $0.98 with a reported earnings per share (EPS) of $0.52. Learn more on analysts' earnings estimate vs. CWT's actual earnings.

How can I listen to California Water Service Group's earnings conference call?

The conference call for California Water Service Group's latest earnings report can be listened to online. Listen to Conference Call

How can I read California Water Service Group's conference call transcript?

The conference call transcript for California Water Service Group's latest earnings report can be read online. Read Transcript

How much revenue does California Water Service Group generate each year?

California Water Service Group (NYSE:CWT) has a recorded annual revenue of $794.63 million.

How much profit does California Water Service Group generate each year?

California Water Service Group (NYSE:CWT) has a recorded net income of $51.91 million. CWT has generated $0.89 earnings per share over the last four quarters.

What is California Water Service Group's price-to-earnings ratio?

California Water Service Group (NYSE:CWT) has a trailing price-to-earnings ratio of 52.35 and a forward price-to-earnings ratio of 20.71.

What is California Water Service Group's EPS forecast for next year?

California Water Service Group's earnings are expected to grow from $2.25 per share to $2.38 per share in the next year, which is a 5.78% increase.


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This page (NYSE:CWT) was last updated on 4/23/2024 by MarketBeat.com Staff

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